The word “trough” came up several times during Ryder System’s earnings call with analysts, as CEO Robert Sanchez and others suggested that the second quarter was the low point of a freight cycle that they see as primed for an upturn. Sanchez said 2024 will “represent trough...

Ryder, reporting sluggish earnings growth, sees ‘trough’ in freight market

Heartland Express recently released its Q2 earnings, which saw a net loss of $3.5 million. FreightWaves’ Todd Maiden writes, “This was Heartland’s fourth consecutive quarterly net loss when excluding one-time gains from the sale of real estate. It booked $25.6 million in gains from the sale of three terminals in the fourth quarter, which are viewed as nonrecurring benefits.”

Heartland Q2 earnings: Nowhere to go but up

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More. Texas Roadhouse recently reported robust Q2 2024 earnings,...

Texas Roadhouse Posts Strong Q2 Earnings Growth

Wisconsin State

Fond Du Lac, WI

We’ve got some tough news coming out of Fond du Lac, Wisconsin. Mercury Marine, a well-known company in the area, is laying off around 1,700 workers 1,700 workers in what they’re calling “short-term layoffs.” This news has hit hard, with employees expressing shock and anxiety about their future.

A well-known company is laying off thousand in Wisconsin

Los Angeles, CA

A federal lawsuit filed Tuesday against the Port of Los Angeles alleges that the port is polluting Los Angeles Harbor. The suit, brought by nonprofit Environment California, accuses the port of violating national permit limits on discharges of enterococci bacteria, fecal coliform bacteria, total coliform bacteria, copper and petroleum hydrocarbons. The port is violating the federal Clean Water Act, according to the suit, filed in the U.S. District Court for the Central District of California.

Federal lawsuit alleges Port of LA polluting San Pedro Bay

Axios

Economists anticipated lackluster economic growth last quarter. Instead, growth surged, a sign of the still-resilient economy. Why it matters: The soft landing was very much intact this spring. Price pressures eased, but not at the expense of the strong economy and labor market. What they're saying: "While these estimates will...

The economic slowdown that wasn't

AT&T offers a 6.1% dividend yield with a 59.7% payout ratio. Verizon provides a higher 6.84% dividend yield but with a 100% payout ratio. Both companies are focusing on 5G and fiber expansion for future growth. AT&T and Verizon offer attractive dividend yields, but their financial health and growth prospects...

Is AT&T or Verizon Communications the Better High-Yield Dividend Stock?

Freight fraud has become an all-too-familiar term in the transportation and logistics sectors in recent years. Although fraud has long been a challenge in the field, industry experts observe that these criminals have evolved alongside FreightTech, leaving supply chain participants uncertain about who will bear the burden of finding solutions.

How freight fraud became the perfect crime

FedEx Corp. plans to significantly slash daily flights and the number of U.S. cities served by air during the daytime when its air cargo contract with the U.S. Postal Service expires on Sept. 29, resulting in significant pay cuts for pilots, senior managers informed crews this week. Shedding daytime flying...

FedEx to cut daytime domestic flight activity by 60%

The Motley Fool

These stocks don't appeal only to dividend seekers.

2 Dividend Stocks to Buy and Hold Forever

Shares of United Parcel Service (UPS) declined sharply on Tuesday after the shipping giant reported second-quarter earnings that were below analysts’ expectations. In the afternoon, UPS stock dropped over 13% to $125, marking its worst day on record. Suggested Reading. The company’s profits dropped by over 30% to $1.94...

UPS stock is having its worst day ever after profits plummeted 30%

North Carolina State

Town Talks

Hidden Hazards in North Carolina Homes: Razor Blades in Walls. When homeowners consider potential dangers within their homes, they often think of faulty wiring, plumbing issues, or pests.

This Dangerous Item May Be Inside The Walls of Your North Carolina Home

Kiplinger

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

Stock Market Today: Dow Spikes 742 Points After UnitedHealth Earnings

On Episode 740 of WHAT THE TRUCK?!?, Dooner is talking about a pair of trucking companies in Miami that have filed for bankruptcy protection. Also in headlines, the Federal Motor Carrier Safety Administration says its hands are tied when it comes to fighting double brokering. Warehouse training enters the cybersphere...

Warehouse training goes virtual; fighting fraud in LA; Selling inspired | WHAT THE TRUCK?!?

24/7 Wall St.

These six top Dow Jones industrial average stocks are among the best dividend ideas for investors now, and all are rated Buy at top Wall Street firms. 
The post 6 Dow Jones Dividend Stocks to Buy Hand Over Fist appeared first on 24/7 Wall St..

6 Dow Jones Dividend Stocks to Buy Hand Over Fist

UPS delivered investors a mixed bag in Q2, reporting volume growth but shrinking revenue. It was “a significant turning point” for UPS, the “first time in nine quarters” the package delivery giant saw improved volumes in the US, CEO Carol Tomé said during an earnings call this week. The not-so-good news was that consolidated revenues declined 1.1% YoY to $21.8 billion and operating profit decreased 30.1% to $1.9 billion compared to Q2 2023.

UPS finally sees volume growth, but operating profit plummets

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Chipotle Mexican Grill shares surged in extended trading Wednesday after the restaurant chain reported better-than-expected results for the second quarter. The chain's revenue and earnings grew from the year-ago period and beat analysts' estimates. The results marked Chipotle's first earnings report since its stock split last month. Chipotle Mexican Grill...

Chipotle Stock Surges as Earnings, Revenue Top Estimates

DXCM earnings call for the period ending June 30, 2024.

DexCom (DXCM) Q2 2024 Earnings Call Transcript

NewsBreak

Knight-Swift seeing signs of market stabilization

Knight-Swift Transportation believes the worst of the freight cycle has passed. It is seeing some benefit from its decision to trim the truckload fleet as asset...

Knight-Swift seeing signs of market stabilization

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